1111 SW Lincoln StTopekaKS66604
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Topeka at 1111 SW Lincoln St, Topeka, KS, 66604 uses $44,753 cash to close to unlock $2,107/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $661/mo payment keeps the spread at $176/mo. Purchase price stands at $135,000, and rental yield measures 9.55% with $1,074/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.74% and total cumulative return in cash records $57,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66604, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,231 (100%) |
| Owner Occupied HU | 5,562 (49.5%) |
| Renter Occupied HU | 4,662 (41.5%) |
| Vacant Housing Units | 1,007 ( 9.0%) |
| Median Home Value | $138,494 |
| Average Home Value | $179,446 |
Housing Distribution
Address Breakdown
Residential
10,842
Single Family
9,500
Multi-Family
1,342
Businesses
1,031
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